If you take your vehicle into Vitale Collision Repair, will you know what to expect? If you ride in a private jet, will you know whether or not you are receiving a quality service? Excellence in service is part of these industries and if you are hesitant to trust your automobile with a collision repair company because you have no idea how to pinpoint the differences between a mediocre job and an excellent repair, then how can you trust someone to draft and execute an comprehensive operating agreement for your LLC in real estate? Vitale Collision Repair employs precision and attention to detail in serving all customers and you should demand the same professionalism and quality from the people who help you with your legal documents, particularly one as important as an operating agreement for your real estate LLC. Just as you wouldn’t go to Vitale Collision Repair for a basic oil change, you shouldn’t get someone to draft a one-size-fits-all agreement for you. The process: In the same way that Vitale Collision Repair takes you through a step-by-step process for your body work, an operating agreement will be drafted, revised and perfected before ultimately being finalized. This not only protects you as a customer, but also ensures proper service. For example, Vitale Collision Repair ensures that the vehicle is vacuumed; that the damage is outlined clearly and covered in the estimate; that no previous or additional damage is done to the vehicle, and even that it includes preventive measures, such as new engine oil and fluids. This thorough approach is used in drafting and executing an operating agreement for your real estate LLC. The purpose of an operating agreement is to define every aspect of the relationship and business structure. A comprehensive operating agreement should identify: Regardless of the field you are in, whether it is luxury jets, collision repair or law, this step-by-step process in which you identify the risks, concerns, and possible steps to getting your desired result, is important. Quality Control: Just as Vitale Collision Repair carves out time for quality control in each and every vehicle that leaves its facility, you want to ensure an operating agreement that is drafted with quality assurances just as you want a job well done on your vehicle. Prior to going in for collision repair, you might wonder if there will be any transmission problems, if the rims will fit the size of your tires, and if features like blind spot alerts and lane detection will be installed you might wonder the same for your operating agreement. You want to know that the entire entity structure has been developed, that the scope of ownership has been confirmed, that the decision making process has been clearly laid out, and that the termination/distribution has been addressed. It is not enough just to put in new glass or even replace the bumpers of your vehicle, just like it is not enough to have an operating agreement that briefly outlines the relationship of the owners of the LLC. Quality control and attention to detail is needed in both the body shop and in our offices. Team Players: In the same way that there are several people at Vitale Collision Repair who work on your car, there are several different people working on your operating agreement. From the intake professionals who interview you and gather the information, to the attorneys who carefully draft and revise the document, and even the people who bring you to the conference room, to those who negotiate the agreement prior to finalization – all of these people work as a team to ensure that you are receiving the most competent service available. Milestones: Just as getting from point A to point I may require several different steps in the body repair process, in the course of drafting an operating agreement for your LLC, there are several “milestones” that mark ownership and control, including: Customer Satisfaction: As Vitale Collision Repair aims to make the customer happy, we do as well. We want you to be satisfied with the process and with the outcome. It’s important to us that you understand the roles of you and the other members of the LLC. You may wonder whether partners have the right to transfer units of ownership in a real estate LLC, or how financing, purchasing or selling real estate deals would be handled. Without clear communication between the client and attorney, disputes are certain. Planning: Just as poor planning can have catastrophic implications when you are talking about collision repair, it can just as easy be for LLCs. For example, an improperly formed LLC can leave an owner at risk for creditors. If you don’t properly establish a name for your company, you could be exposed to trademark infringement. Without the proper financing and capitalization, your investment may be at risk. Just as you could impede the performance of your vehicle on the road by not thinking through the process diligently, your LLC may also be vulnerable. Finishing Touches: Just as the mechanics “clean up” the vehicle before returning it to the owner, we ensure that the operating agreement is fully executed, signed and has all formalities in place before delivering the final product.
Vitale Collision Repair & Auto Painting
Serving Southeast Michigan for over 35 years